Ableauctions.com Inc. recently announced its wholly owned subsidiary iCollector.com is expected to double its revenues for the second quarter of 2004 compared to revenues for the corresponding period last year. iCollector has doubled its revenue in the 56 auction sessions it has already facilitated on eBay Live Auctions for the quarter to end June 30, 2004. The company expects to facilitate approximately 68 auction sessions for the second quarter, compared to 50 auction sessions that it facilitated in the corresponding quarter last year. Since January 2001, it has broadcast hundreds of live auctions in real-time on eBay Live Auctions, directly from the salesroom as the auction happens

Ableauctions.com Inc. also announced that its industrial auction platform, launched April 7, 2004, in conjunction with the National Auctioneers Association (NAA), has already facilitated 47 auction sessions for the second quarter of 2004. Founded in 1948, the NAA represents approximately 7,000 auctioneers worldwide with members in every single state in the United States and covering the multi-billion dollar real estate, automotive, fine art, cattle, equipment and manufacturing segments.

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